Credit Card & Personal Finance Statistics in 38120
Credit Card Debt in 38120
- 38120 Credit Card Debt
-
- The estimated average credit card debt for 38120 residents is $4,669. [1]
- Average credit card debt amount in Tennessee (all cities) is
6% less than the national average of $4,965.
- Collectively, Tennessee cities rank 35th in the U.S. in average credit card debt. [1]
Credit Card Calculator for 38120
38120 Credit Scores
- Credit Scores in 38120
-
- Residents of 38120 (TN) have an estimated average credit score of 682. [3]
- The average credit score in Tennessee (all cities) is
2.01% less than the national average score of 696.
- Tennessee collectively ranks 43rd in the U.S. in average credit score of residents. [3]
More 38120 (Memphis, TN) Credit Stats
- Credit card delinquency rates in Tennessee [2]
-
- Tennessee residents (all cities) rank 14th in the U.S. with a rate that
is 16% greater than the national average of 0.57%.
- Cardholders in 38120 who are more than 90 days late on payments
-
- Tennessee Rate: 0.66%
- National Average: 0.57%
- Statute of limitations for credit card debt in 38120 [4]
-
- 38120 (Tennessee) Law: 6 years
- U.S. State Average: 5.4 years
Credit Card Complaints in or near 38120 (Memphis, TN)
Recent credit card complaints originating from consumers in 38120, TN. Local consumers submitted these credit card complaints to the Consumer Financial Protection Bureau (CFPB). The date of the complaint, type of complaint and status of the inquiry are listed below.[5]
Consumer Complaints by Issue in 38120
| Complaint Issue |
Number of Complaints* |
| Improper use of your report |
23 |
| Problem with a credit reporting company's investigation |
18 |
| Incorrect information on your report |
12 |
| Unable to get your credit report or credit score |
3 |
| Managing an account |
2 |
| Other |
6 |
* Total 2021 - 2024 (current)
Additional information about Tennessee
About 38120
38120 is associated with the city of Memphis, which is located in Shelby County in the state of Tennessee. [6]
Did you know?
The credit card hologram was first introduced by MasterCard in 1983 in an effort to combat counterfeit and fraudulent activity.
Other ZIP Codes in Tennessee
1. ^ The Washington Post
2. ^ TransUnion
3. ^ Equifax
